Binance faces EU service limits under MiCA

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June 25, 2026 11:28am EDT

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SBI buys Bitbank in $289M deal + Trump delays CBDC ban	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

June 25, 2026

Your Daily Digest of the 🔥Hottest News in Crypto.

Today’s top stories

🇪🇺 Binance to restrict EU onboarding and services from July 1 under MiCA
🇯🇵 SBI moves to acquire Bitbank in a $289M deal that would create Japan’s biggest crypto exchange
🏛️ Trump cancels signing of housing bill containing CBDC ban until 2030
📉 Bitcoin nearly loses $59K as dollar strength, ETF outflows and Strategy slowdown pressure sentiment
📰 Keep reading for all of today’s biggest headlines

Binance faces EU service limits next week as MiCA rules take effect

Binance has notified European Union users that access to key services will be restricted from July 1 after the exchange failed to secure Markets in Crypto-Assets authorization from an EU member state before the deadline. The restrictions include halting onboarding for new EU users and limiting certain services for existing EU-based accounts, though Binance said withdrawals will remain available. The move follows Binance’s withdrawal of its MiCA license application in Greece and marks one of the first major exchange disruptions tied to the EU’s new crypto regulatory regime. Binance has told users they may move assets to self-custody wallets or other MiCA-authorized crypto asset service providers, while some users continue to seek clarity on staking, active positions and trading access after the deadline.

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SBI to acquire Bitbank in $289M deal creating Japan's biggest crypto exchange

Japan’s SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion yen, or roughly $289 million, transaction. SBI’s wholly owned subsidiary SBICAH will acquire shares from Bitbank CEO Noriyuki Hirosue and other shareholders before subscribing to a third-party share allotment, after which Bitbank will buy back shares held by MIXI and Ceres, leaving SBI with 100% indirect ownership. The deal is expected to close around October, pending regulatory clearance, and would expand SBI’s regulated crypto exchange footprint while giving the group another distribution channel for stablecoins, tokenized assets and onchain financial products. SBI said combining Bitbank with SBI VC Trade would give the group about 1.1 trillion yen in assets under custody and roughly 2.92 million crypto accounts, making it Japan’s largest crypto exchange group by assets under custody.

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Trump cancels signing of housing bill with CBDC ban

US President Donald Trump canceled the signing ceremony for the 21st Century ROAD to Housing Act, a housing bill that included a provision barring the Federal Reserve from issuing or creating a central bank digital currency or substantially similar digital asset until the end of 2030. The bill also carved out an exception for dollar-denominated currency that is open, permissionless and private, effectively preserving room for certain stablecoin models. Trump said he would not sign the bill until Congress passes the SAVE America Act, a Republican-backed voting bill requiring proof of US citizenship for voter registration. The delay creates uncertainty around the CBDC ban and raises questions over whether Trump’s position could also affect other crypto-related legislation, including the CLARITY Act.

Bitcoin nearly loses $59K as DXY surges: Are traders bracing for more pain?

Bitcoin traded down to around $59,060 as a stronger US dollar, spot Bitcoin ETF outflows and slower accumulation by Strategy weighed on market sentiment. Cointelegraph’s market analysis says cooling oil prices and a multi-month high in the US dollar have pressured non-yield-bearing assets, while investors continue to favor fixed income and tech-sector exposure over alternative scarce assets such as Bitcoin. Strategy reported adding 520 BTC during the week ending June 21, its lowest weekly intake in 18 months, while heavy net outflows from spot Bitcoin ETFs added to downside pressure. The piece argues that Bitcoin’s drop partly reflects broader macro conditions, but that weak ETF flows and disappointment around Strategy’s slowing purchases mean further downside from the $59,000 area cannot be ruled out.